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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/27565

Title: The Impact of Electricity on Economic Development: A Macroeconomic Perspective
Authors: Burke, Paul
Stern, David
Bruns, Stephan
Issue Date: 2018
Citation: International review of environmental and resource economics, 12(1), p. 85-127
Abstract: This paper provides a review of the macro-level evidence on the importance of electricity for economic development. We find that electricity access and use are strongly correlated with economic development, as theory suggests. Despite a large empirical literature, however, there are few methodologically strong studies that establish causal effects of either electricity use or electricity infrastructure on economic growth. The micro-level literature provides more convincing evidence of causal effects, although these appear not to be uniform in all locations. We present a number of country case studies that are suggestive of electrification playing an important role in broad-based development progress. The paper also identifies potential avenues for future research. High-quality macro-level evidence on the economic effects of electricity access and reliability would help policy-makers and aid agencies make decisions regarding investment priorities.
URI: http://hdl.handle.net/1942/27565
DOI: 10.1561/101.00000101
ISI #: 000449527500001
ISSN: 1932-1465
Category: A1
Type: Journal Contribution
Appears in Collections: Research publications

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